"Federal prosecutors brought corruption charges against top state government insiders and business development executives Thursday, scorching Gov. Andrew Cuomo's hallmark upstate economic initiatives", as reported by Chris Bragg and Matthew Hamilton from the Times Union.

"It is the third seismic political scandal in less than two years to rock state government."

"Joseph Percoco, a former top aide and confidant of Cuomo, as well as SUNY Polytechnic Institute's founding President and CEO Alain Kaloyeros and officials at some of upstate New York's most prominent development firms were charged in a federal complaint with allegedly engaging in two overlapping schemes involving bribery, corruption and fraud in the award of hundreds of millions of dollars in state contracts and other official benefits."